Stocks · Technology · Software - Application
Strategy Inc MSTR
$160.01 -0.31% Close, Oct 2, 2026 · NASDAQ · Market cap $52.93B
Expensive vs sectorHigh risk
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $-96.83, down 952.4% year over year.
- Operating margin narrowed to -1676.7% from -320.1% a year earlier.
- The diluted share count rose 15.2% in a year.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 36%
- EPS growth (TTM, YoY)Bottom 4%
- Revenue growth, 3-year CAGRBottom 25%
- Revenue growth accelerationTop 45%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 17%
- Gross marginTop 30%
- Operating marginBottom 2%
- Interest coverBottom 3%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 5%
- EBITDA / enterprise valueBottom 5%
- Sales / enterprise valueBottom 3%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 3%
- 6-month returnTop 42%
- 1-year return vs S&P 500Bottom 9%
- Distance from 52-week highBottom 14%
- Trend checklist (0–4)Top 44%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 5%
- Consecutive EPS beatsBottom 12%
- Share of analysts rating BuyBottom 47%
- Upside to consensus price targetTop 24%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 23%
- Maximum drawdown, 3 yearsBottom 11%
- Beta vs S&P 500 (lower is better)Bottom 45%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 6.8% | 7.8% | ↑ |
| Gross margin | 70.1% | 67.6% | ↓ |
| Operating margin | -320.1% | -1676.7% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 7.8% | 6.8% | ↑ | Bottom 36% |
| EPS growth (TTM, YoY) | -952.4% | — | Bottom 4% | |
| Gross margin | 67.6% | 70.1% | ↓ | Top 30% |
| Operating margin | -1676.7% | -320.1% | ↓ | Bottom 2% |
| Net margin | -6103.0% | 1036.6% | ↓ | — |
| Return on invested capital | -13.4% | — | Bottom 17% | |
| Revenue growth, 3-year CAGR | -1.5% | — | Bottom 25% |
Quality of earnings and balance sheet
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -2.8 pp
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -262.9×
Shareholder returns
- Share count change, 1 year
- +15.2%
- Share count change, 3-year CAGR
- +28.7%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 3, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 2 of 8
- Average EPS surprise, last 4
- -100.0%
- Average 2-day reaction, last 8
- -3.0%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $252.00
- Target vs current price
- +57.5%
- Analysts with a rating
- 29
- Share rating Buy or Strong Buy
- 62%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | -1016.4% | +4.7% | +5.4% | +32.0% | — |
| May 5, 2026 | -4337.4% | +1.7% | +6.6% | -26.0% | -46.8% |
| Feb 5, 2026 | -53562.5% | -17.1% | -2.3% | +8.3% | +37.2% |
| Oct 30, 2025 | +8354.9% | -7.6% | -7.4% | -36.2% | -41.3% |
| Jul 31, 2025 | +33253.7% | +1.7% | -2.9% | -13.4% | -27.9% |
| May 1, 2025 | -575.8% | +0.4% | +3.3% | -2.5% | +6.2% |
| Feb 5, 2025 | -2230.8% | -3.3% | -8.3% | -11.4% | +9.6% |
| Oct 30, 2024 | -1128.6% | -4.2% | -11.8% | +37.0% | +30.1% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | -$24.45 | -$2.19 | -1016.4% | $122.4M |
| May 5, 2026 | -$38.25 | -$0.86 | -4337.4% | $124.3M |
| Feb 5, 2026 | -$42.93 | -$0.08 | -53562.5% | $123.0M |
| Oct 30, 2025 | $8.42 | -$0.10 | +8354.9% | $128.7M |
| Jul 31, 2025 | $32.60 | -$0.10 | +33253.7% | $114.5M |
| May 1, 2025 | -$16.49 | -$2.44 | -575.8% | $111.1M |
| Feb 5, 2025 | -$3.03 | -$0.13 | -2230.8% | $120.7M |
| Oct 30, 2024 | -$1.72 | -$0.14 | -1128.6% | $116.1M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / Sales | 116.37× | — | — | Bottom 3% |
| Earnings yield | -60.51% | — | — | Bottom 5% |
P/E over the past five years
Range 12.3× – 328.2× since Jun 30, 2023. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -52.7%
- Earnings per share growth (TTM)
- -952.4%
- Change in P/E multiple
- -74.5%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 32
- Days above the 200-day average
- 11
- 50-day average slope (20 days)
- +20.8%
- 200-day average slope (20 days)
- -2.4%
- Distance from 50-day average
- +29.5%
- Distance from 200-day average
- +17.7%
- RSI (14)
- 62.6
- Relative volume
- 1.16×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 81.3%
- Volatility vs own 5-year history
- 40th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.48
- Correlation with S&P 500
- 0.30
- Current drawdown from 1-year high
- -55.5%
- Maximum drawdown, 3 years
- -82.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Feb 9, 2021 | Dec 29, 2022 | -89.3% | 476 days | 294 days (Mar 4, 2024) |
| Nov 20, 2024 | Jun 26, 2026 | -82.6% | 398 days | Not yet recovered |
| Mar 27, 2024 | May 1, 2024 | -46.4% | 24 days | 110 days (Oct 8, 2024) |
| Mar 4, 2024 | Mar 5, 2024 | -21.2% | 1 days | 3 days (Mar 8, 2024) |
| Mar 15, 2024 | Mar 19, 2024 | -20.5% | 2 days | 4 days (Mar 25, 2024) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $52.93B
- EPS, diluted (TTM)
- -$96.83
- Revenue (TTM)
- $498.3M
- 52-week range
- $81.81 – $365.21
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $510.8M | $499.3M | $496.3M | $463.5M | $477.2M |
| Gross profit | $418.9M | $396.3M | $386.3M | $334.0M | $327.8M |
| Operating income | -$784.5M | -$1.28B | -$115.0M | -$1.85B | -$40.9M |
| Net income | -$535.5M | -$1.47B | $429.1M | -$1.17B | -$3.85B |
| EPS (diluted) | -$5.34 | -$12.98 | $2.64 | -$6.06 | -$15.23 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $116.1M | $120.7M | $111.1M | $114.5M | $128.7M | $123.0M | $124.3M | $122.4M |
| Net income | -$340.2M | -$670.8M | -$4.22B | $10.02B | $2.79B | -$12.44B | -$12.54B | -$8.22B |
| EPS (diluted) | -$1.72 | -$3.03 | -$16.49 | $32.60 | $8.42 | -$42.93 | -$38.25 | -$24.07 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $93.8M | $3.2M | $12.7M | -$53.0M | -$67.2M |
| Capital expenditure | -$2.63B | -$290.4M | -$1.91B | -$22.09B | -$22.51B |
| Free cash flow | -$2.54B | -$287.2M | -$1.89B | -$22.14B | -$22.58B |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $1.00B | $46.6M | $2.03B | $16.36B | $16.32B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $2.45B
- Total assets
- $52.56B
- Total liabilities
- $7.24B
- Total debt
- $6.77B
- Net debt
- $5.06B
- Shareholders’ equity
- $45.33B
As of Jun 30, 2026 (filed Aug 3, 2026).
Short interest
- Shares sold short
- 30,741,182
- Days to cover
- 1.42
- Change vs previous report
- -5.8%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Aug 8, 2024
- 10-for-1
- Jul 31, 2002
- 1-for-10
- Jan 27, 2000
- 2-for-1